nVent Electric (NVT) Tops Q3 EPS by 5c

nVent Electric (NYSE: NVT) reported Q3 EPS of $0.53, $0.05 better than the analyst estimate of $0.48. Revenue for the quarter came in at $643 million versus the consensus estimate of $603.13 million.

GUIDANCE:

nVent Electric sees Q4 2021 EPS of $0.45-$0.48, versus the consensus of $0.47. The company estimates reported sales for the fourth quarter of 2021 to be up 13% to 16%, which represents an increase of 9% to 12% on an organic basis. Reported sales guidance includes approximately four points of benefit from acquisitions.

For earnings history and earnings-related data on nVent Electric (NVT) click here.

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